Provincetown Real Estate Market Update: June 2025
Provincetown’s real estate market took a slower turn this June, but held firm on price. With fewer homes changing hands compared to last year, the pace of sales cooled slightly, yet demand for quality properties especially at the high end remained solid.
📊 June 2025 Market Highlights
Homes Sold:: 9 (8 Condos, 1 Single Family)
Median Sale Price: $950,000
Average Days on Market: 60 (1/3 of homes Sold in 30 Days or Less)
Lowest Sale Price: $444,500
Highest Sale Price: $3,500,000
Sale-to-List Price Ratio: 95%
Average Price Per Sqft: $1,556
Total Volume Listed: $11,926,000
Total Volume Sold: $11,355,500
Despite a dip in the number of homes sold, Provincetown s property values remained steady, with the median sale price holding at $950,000 the same as last June. The highest sale jumped to $3.5M, signaling strong demand for premium properties. While fewer properties changed hands this June, the average price per square foot rose nearly 20%, and the top-end sale significantly surpassed last year’s high suggesting that well-located, turnkey homes are still commanding top dollar. However, a longer average time on market and a lower sale-to-list ratio reflect a more patient, and value-conscious buyer pool.
Year-Over-Year Comparison: June 2024 vs. June 2025
🧭 What This Means for Buyers & Sellers
Sellers: While buyer activity is slightly slower, pricing remains strong, especially for high-end listings. Strategic pricing and staging are more important than ever.
Buyers: There's less competition right now, and more room for negotiation. But the best listings are still commanding premium prices and selling quickly.
📬 Have questions about the Provincetown market or looking to buy or sell? Let s connect.